Riffat Kausar
Scandinavian News Agency – Finland
India’s Nayara Energy refinery, partly owned by Russia’s Rosneft, is facing a serious supply crunch after Saudi Arabia and Iraq suddenly stopped sending crude oil, a move tied to pressure from EU sanctions.
The refinery, which usually received nearly 3 million barrels each month from the two suppliers, recorded zero deliveries in August.
As a result, Nayara has been forced to cut production at its Vadinar plant down to 70–80% capacity. The plant is a key player in India’s energy sector, handling almost 8% of the country’s total oil processing.
Struggling to keep exports flowing, the company has been pushed to rely on the so-called “shadow fleet”—older, less-regulated tankers that operate outside mainstream shipping networks—since many major carriers refuse to do business under the current sanctions climate.
The situation underscores the growing pressure on India’s energy stability, as geopolitical tensions spill over into global oil trade.
About The Author
